I generally away from regulation, but let me articulate the pro-regulation argument.
Markets that are important (like transportation) and have network effects need to be regulated. A monopoly with Uber and/or Lyft dominating local transportation is not good for consumers or cities in the long-term.
Cities should take control of their transportation and ensure competition by managing allocation of capacity. I think the best parallel is managing of spectrum in telecom to ensure competition.
Markets that are important (like transportation) and have network effects need to be regulated. A monopoly with Uber and/or Lyft dominating local transportation is not good for consumers or cities in the long-term.
Cities should take control of their transportation and ensure competition by managing allocation of capacity. I think the best parallel is managing of spectrum in telecom to ensure competition.